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Mirae Asset Sharekhan Vs Prostocks NRI Account Comparison

The side-by-side comparison of Mirae Asset Sharekhan and Prostocks NRI Account. Compare Mirae Asset Sharekhan Vs Prostocks NRI Account brokerage charges, exposure margin, demat account and AMC. Read Prostocks and Mirae Asset Sharekhan NRI Account reviews.

Find out Mirae Asset Sharekhan Vs Prostocks which is better NRI Trading Account. See Mirae Asset Sharekhan Vs Prostocks which is best NRI Demat Account.

Our Mirae Asset Sharekhan comparison with Prostocks highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and Prostocks NRI Account.

Mirae Asset Sharekhan Vs Prostocks

	Mirae Asset Sharekhan	Prostocks
	Mirae Asset Sharekhan Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs	Prostocks Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs

About the Broker	Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and inves...	Prostocks is a flat-fee discount stock broker offering online investing and trading services to Resident and NRI Investors. It offers a 2-in-1 account, combining trading and demat account, to NRIs to trade across equity, derivatives, mutual funds, an...
Account Type	Mirae Asset Sharekhan NRI Account	NRI Account
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

Mirae Asset Sharekhan Vs Prostocks Charges

	Mirae Asset Sharekhan	Prostocks
NRI Account Opening Fees	₹2000	₹0
NRI Account AMC	₹3000	₹0
NRI Demat Account Opening Fees	Rs 0 (Free)	Rs 0 (Free)
NRI Demat Account AMC	Rs 400 (Free for 1st year)	Rs 0 (Lifetime Zero AMC)
PIS Account AMC		NA
RBI approval for PIS (One time)	₹500 + GST	₹500 + GST
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Mirae Asset Sharekhan Vs Prostocks NRI Account Brokerage Comparison

Account Type	Mirae Asset Sharekhan Mirae Asset Sharekhan NRI Account	Prostocks NRI Account
Equity Delivery	0.50%	₹40 per executed order
Equity Futures	0.1% on first leg and 0.02% on second leg	₹40 per executed order
Equity Options	₹250 per contract note	₹40 per executed order
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Other Charges

Contract Note Reporting Charges		NA
Other Brokerage Charges	PIS Acct AMC: ₹1000
TDS Charges on Long Term Gain (Holding > 365 Days)	11.96%	11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days)	17.94%	17.94%

Mirae Asset Sharekhan Vs Prostocks NRI Account Taxes/Fees

	Mirae Asset Sharekhan	Prostocks
Securities Transaction Tax (STT)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Exchange Transaction Charges	Check Exchange Transaction Fee
SEBI Charges	0.00005% (₹5/Crore)	0.00005% (₹5/Crore)
Goods and Services Tax (GST)	18% on (brokerage + transaction charges)	18% on (brokerage + transaction charges)
Stamp Duty	0.01% on delivery based turnover and 0.002% on non-delivery based turnover.	0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

Mirae Asset Sharekhan Vs Prostocks NRI Account Margin

	Mirae Asset Sharekhan Margin	Prostocks Margin
Equity Delivery	1x	1x
Equity Futures	1x	1x
Equity Options	1x	1x
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.

Mirae Asset Sharekhan and Prostocks NRI Account Features

	Mirae Asset Sharekhan	Prostocks
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features	Call & Trade, Dedicated Relationship Manager, Branch Support	Trading API, GTC & AMO orders
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Mirae Asset Sharekhan Vs Prostocks NRI Account Review

	Mirae Asset Sharekhan Review	Prostocks Review
	316 Customer Reviews	42 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating	Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews	Prostocks is Rated 3.2 / 5 based on 42 customer reviews
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Contact Broker / Request A Call Back

	Mirae Asset Sharekhan Enquire	Mirae Asset Sharekhan Enquire
Contact Broker	Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

Mirae Asset Sharekhan Vs Prostocks NRI Investment Options

	Mirae Asset Sharekhan	Prostocks
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options	PMS, Wealth Management

Mirae Asset Sharekhan Vs Prostocks NRI Customer Service

	Mirae Asset Sharekhan	Prostocks
Customer Care Number	+91 022 6518500	+91 88503 17671, +91 22 6243 4343, +91 22 3811 011
Customer Care Email	nridesk@miraeassetsharekhan.com	sales@prostocks.com
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Mirae Asset Sharekhan Vs Prostocks Order Type Offered for NRI Account

	Mirae Asset Sharekhan	Prostocks
Bracket Order
Cover Order
After Market Order (AMO)
Good Till Cancelled (GTC)

Mirae Asset Sharekhan Vs Prostocks - NRI Account Advantages and Disadvantages

	Mirae Asset Sharekhan	Prostocks
Pros	One of the largest stockbrokers in India. Easy trading experience for NRI with 3 in 1 account. Offers advanced trading platforms in desktop, mobile, and web versions. Offers online Mutual Funds, IPOs, and Bonds. Offers PMS services for wealth management. A dedicated relationship manager to each NRI customer. Offers hand holding to beginners in the stock market.	ProStocks is the most popular broker for NRI Trading Account. Prostocks charges a flat fee of Rs 40 per trade which is the cheapest fee charged by any broker in India. No minimum deposit or funds are required. GTC (Good Till Cancel) and AMO (After Market Order) are available. Advance order types like BO, CO, OCO, etc are available. Mutual Funds, Equity SIP, and IPO is available. Trading APIs are available at flat Rs 1000 per month. Demat and Trading accounts at Prostocks are lifetime AMC free. NRI customer doesn't require a separate Custodial Account to trade in Equity F&O. CP code no longer mandatory for NRo trading in futures and options .
Cons	3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind) Brokerage and account opening charges are higher when compared to other full-service brokers.	Doesn't offer a 3-in-1 account. An NRI has to open an NRI Bank Account before opening a trading and demat account.
Conclusion	Mirae Asset Sharekhan is a good choice as a stockbroker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.	Prostocks offer online trading service at the cheapest brokerage rate to the NRIs. It has partnerships with 5 popular banks in India to offer NRI trading. The free account opening and AMC free demat & trading account is an added advantage for the NRI customers. Prostocks doesn't provide research and advisory service. It suits well for frequent traders who execute 100's of trades daily.
Promo / Offers	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	ProstocksSpecial Offer Unlimited Monthly Trading @ Rs 899 Monthly unlimited trading plan @ Rs 899. Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O + Lifetime Free AMC Demat Account + API for algo trading. This is a limited-time offer. Open FREE Instant Demat Account and start trading today.
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